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“Cheney told "Meet the Press" in 2003 that he didn't have any financial ties to the firm (Halliburton).”
“Cheney said Sunday on NBC that since becoming vice president, "I've severed all my ties with the company, gotten rid of all my financial interest. I have no financial interest in Halliburton of any kind and haven't had, now, for over three years."”
“However, the Congressional Research Service (CRS) concluded in Sept. 2003 that holding stock options while in elective office does constitute a “financial interest” regardless of whether the holder of the options will donate proceeds to charities.”
“Since I left Halliburton to become George Bush's vice president, I've severed all my ties with the company, gotten rid of all my financial interest," the Vice President said. "I have no financial interest in Halliburton of any kind and haven't had, now, for over three years.” – D.Cheney
“The contract was granted under a January Bush administration waiver that, according to the Washington Post, allowed "government agencies to handpick companies for Iraqi reconstruction projects."”
This contract was
- Opened Ended
- No time limit
- No $ Limit
- It was a COST PLUS contract (meaning that the company is guaranteed to recover costs and then make a guaranteed profit)
"Also, the vice president has nothing whatsoever to do with the Pentagon bidding process," the aide added.
The Pentagon has acknowledged that Vice-President Dick Cheney's chief of staff and other political appointees helped make the controversial decision on a $1.8 million contract for the postwar recovery of Iraq's oil sector.
“But the one company that helped Saddam exploit the oil-for-food program in the mid-1990s that wasn't identified in Duelfer's report was Halliburton, and the person at the helm of Halliburton at the time of the scheme was Vice President Dick Cheney. Halliburton and its subsidiaries were one of several American and foreign oil supply companies that helped Iraq increase its crude exports from $4 billion in 1997 to nearly $18 billion in 2000 by skirting U.S. laws and selling Iraq spare parts so it could repair its oil fields and pump more oil. Since the oil-for-food program began, Iraq has sold $40 billion worth of oil. U.S. and European officials have long argued that the increase in Iraq's oil production also expanded Saddam's ability to use some of that money for weapons, luxury goods and palaces. Security Council diplomats estimate that Iraq was skimming off as much as 10 percent of the proceeds from the oil-for-food program thanks to companies like Halliburton and former executives such as Cheney.”
i]“Nobody pushed harder than Cheney for a military strike against Saddam Hussein. Nobody was more cocksure about the presence of weapons of mass destruction, including nuclear components. Nobody was more emphatic about a secret alliance between al Qaeda and Baghdad.”
“But the one company that helped Saddam exploit the oil-for-food program in the mid-1990s that wasn't identified in Duelfer's report was Halliburton, and the person at the helm of Halliburton at the time of the scheme was Vice President Dick Cheney. Halliburton and its subsidiaries were one of several American and foreign oil supply companies that helped Iraq increase its crude exports from $4 billion in 1997 to nearly $18 billion in 2000 by skirting U.S. laws and selling Iraq spare parts so it could repair its oil fields and pump more oil. Since the oil-for-food program began, Iraq has sold $40 billion worth of oil. U.S. and European officials have long argued that the increase in Iraq's oil production also expanded Saddam's ability to use some of that money for weapons, luxury goods and palaces. Security Council diplomats estimate that Iraq was skimming off as much as 10 percent of the proceeds from the oil-for-food program thanks to companies like Halliburton and former executives such as Cheney.”
Although HPS was incorporated in the Cayman Islands in 1975 and is "non-American", it shares both the logo and name of Halliburton Energy Services and, according to Dow Jones Newswires offers services from Halliburton units world-wide through its Tehran office. Such behaviour, undertaken while Cheney was CEO of Halliburton, may have violated the Trading with the Enemy Act.
....
No legal action has been taken against the company or its officials.
Cheney Led Halliburton To Feast at Federal Trough
WASHINGTON, August 2, 2000 — Under the guidance of Richard Cheney, a get-the-government-out-of-my-face conservative, Halliburton Company over the past five years has emerged as a corporate welfare hog, benefiting from at least $3.8 billion in federal contracts and taxpayer-insured loans.
One of these loans was approved in April by the U.S. Export-Import Bank. It guaranteed $489 million in credits to a Russian oil company whose roots are imbedded in a legacy of KGB and Communist Party corruption, as well as drug trafficking and organized crime funds, according to Russian and U.S. sources and documents.
Halliburton, which lobbied for the Ex-Im loan after the State Department initially asserted that the deal would run counter to the "national interest," will receive $292 million of those funds to refurbish a massive Siberian oil field owned by the Russian company, the Tyumen Oil Co., which is controlled by a conglomerate called the Alfa Group.
.....
Some allegations of organized crime and drug activities involving Tyumen's parent company, the Alfa Group, had been made public in Russia last year.
The allegations were contained in a report delivered in 1997 by anonymous officials from the FSB (the Russian equivalent of the FBI) to the national security committee of the Duma, or lower house of parliament.
A Russian-American specialist on business practices in the former Soviet Union who has worked with the White House and Pentagon told The Public i that the allegations contained in the 1997 report have been the subject of an investigation by the FSB but that the probe, for unexplained reasons, had been "put away for a better day."
.....
That document and the FSB report claim that Alfa Bank, one of Russia's largest and most profitable, as well as Alfa Eko, a trading company, had been deeply involved in the early 1990s in laundering of Russian and Colombian drug money and in trafficking drugs from the Far East to Europe.
The former KGB major, who with the fall of communism in the late 1980s had himself been involved in the plan by the KGB and Communist Party to loot state enterprises, said that Alfa Bank was founded with party and KGB funds, and quickly attracted rogue agents who had served in anti-organized-crime units. "They (the rogue agents on the banks payroll) quickly determined that dealing in drugs would bring the highest profits with literally no risk in Russia," according to the former KGB officer.
He claimed that a "large channel of heroin transit was established from Burma through Laos, Vietnam, to the Far East [Siberia]." From there the drugs were camouflaged as flour and sugar shipments and forwarded on to Germany. The drug operation was controlled by a Chechen mob family, he said.
www.fromthewilderness.com...
It is clear that everywhere there is oil there is Brown and Root. But increasingly, everywhere there is war or insurrection there is Brown and Root also. From Bosnia and Kosovo, to Chechnya, to Rwanda, to Burma, to Pakistan, to Laos, to Vietnam, to Indonesia, to Iran to Libya to Mexico to Colombia, Brown and Root's traditional operations have expanded from heavy construction to include the provision of logistical support for the U.S. military. Now, instead of U.S. Army quartermasters, the world is likely to see Brown and Root warehouses storing and managing everything from uniforms to rations to vehicles.
Originally posted by Agit8dChop
“But the one company that helped Saddam exploit the oil-for-food program in the mid-1990s that wasn't identified in Duelfer's report was Halliburton, and the person at the helm of Halliburton at the time of the scheme was Vice President Dick Cheney.
And guess what!!!! our own government help keep the black out companies from the list of he scandal companies, to protect their privacy.
But that is how it works when our own government is a corporation.
Originally posted by Agit8dChop
It really makes you wonder WHY there hasnt been any sufficient investigation into such irregularities...
You never hear about this in the media, not on the real scale of the situation..
Why isnt more being done against these things,
Look how much the civil libities have disappeared... democracy is bs within america, how the hell do they intend on making it work over sea's.... when it originated from corporate greed?
Originally posted by Ed Littlefox
As to Iraq, we invaded a country and took down a Brutal, but Stable Government, and replaced it with an Unstable Government that is even MORE Brutal—and all at the behest of, by, and for, Corporate Interests.
[edit on 1-12-2006 by Ed Littlefox]